Field Executive-RELATIONSHIP BANKING GROUP-RA-Risk Control Unit Job Description (JD) for Recovery Executive in the Relationship Banking Group - Recovery Function Job Title: Recovery Executive – Relationship Banking Group (RBG) Recovery Function Department: Commercial Banking Reporting To: Recovery Manager / Relationship Manager Job Purpose: To manage and execute recovery strategies for delinquent and non-performing assets within the Relationship Banking Group portfolio, ensuring timely resolution, minimizing losses, and maintaining regulatory compliance. Key Responsibilities: Track and manage overdue accounts and initiate recovery action for delinquent commercial banking customers. Liaise with relationship managers and legal teams to plan and execute recovery strategies for stressed assets. Conduct follow-ups with borrowers for repayment through calls, visits, and formal communication. Negotiate and structure repayment plans, settlements, or restructuring in line with bank policies. Initiate and monitor legal recovery proceedings (e.g., SARFAESI, DRT, civil suits) where necessary. Maintain detailed documentation and MIS related to recovery efforts, court proceedings, and repayment schedules. Monitor and report progress of recovery cases to senior management with recommendations for further action. Ensure compliance with all internal policies and external regulatory requirements related to loan recovery. Key Skills & Competencies: Strong knowledge of commercial banking products and credit processes. Understanding of legal recovery procedures and applicable banking laws (e.g., SARFAESI, IBC). Negotiation and persuasion skills to deal with defaulting clients. Analytical ability to assess repayment capacity and financial restructuring options. Good communication and interpersonal skills. Proficiency in MS Office and banking systems. Qualifications & Experience: Graduate/Postgraduate in Commerce, Finance, Law, or related field. 2–5 years of experience in credit recovery, collections, or commercial banking operations. Experience in handling legal recovery cases is preferred. Experience Level Executive Level
Other Details
It is a Full Time Accountant job for candidates with 2 - 5 years of experience.
More about this Recovery Executive - Commercial Banking job
What qualifications and experience are required for this Recovery Executive - Commercial Banking position?
Ans : Candidates should have All Education levels with 2-5 years of experience.
What is the salary and job type for this role?
Ans : Salary details will be shared during the hiring process.
What shift and timings does this job follow?
Ans : This Recovery Executive - Commercial Banking job follows a Day shift.
Do you need to visit the office for this job?
Ans : Yes, candidates need to visit the office and work from the location in Adampur, Jalandhar.
How many vacancies are there for this Recovery Executive - Commercial Banking job?
Ans : There is 1 vacancy for this Recovery Executive - Commercial Banking role.
Is this job open for all genders?
Ans : Yes, this Recovery Executive - Commercial Banking job is open for both male and female candidates.
What is the job location for this position?
Ans : The job location for this Recovery Executive - Commercial Banking position is Adampur, Jalandhar.
What makes this Recovery Executive - Commercial Banking job a good opportunity?
Ans : The employer has not disclosed the salary for this role, but it is a Full Time opportunity with 1 opening.
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Kotak Mahindra Bank Limited
Adampur, Jalandhar
2 - 5 years Experience in Accountant
Full Time
